When the loan-to-value (LTV) is only 50%, the pricing gets pretty good as was the case with this Bay Area hard money bridge loan priced at only 7.75% interest-only for a 12-month term.
Bay Area Hard Money Bridge Loan Terms:
- $317,500 Loan Amount (50% LTV)
- 75% Interest-Only
- 12-Month Term
- No Prepayment Penalty
Do you have a similar financing scenario?
Inquire about your financing options with FCTD.